Three ways investors can minimize their tax payments


Source: edition.cnn.com edition.cnn.com

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New York CNN — It’s Tax Day in the United States. Some Americans are scrambling to get their documents in on time, while others are figuring out how to pay what they owe or enjoying a return of cash from the IRS. Either way, it’s fair to say that filing taxes is stressful business. This year, it’s estimated that taxpayers will spend $104 billion on out-of-pocket expenses associated with preparing and submitting tax forms, according to a recent report by the National Taxpayers Union Foundation. They’ll also spend an estimated 6.55 billion collective hours preparing their documents to comply with...